Cryptocurrencies are formidable financial payment methods. From Bitcoin to Ripple and others, these currencies have proven to be excellent when it comes to facilitating transactions.
It’s been 10 years since the advent of cryptocurrencies, but some issues are kicking against the massive adoption. It is those issues that PayPDM aims to resolve so cryptocurrency-backed payments can become the order of the day.
WHAT IS PAYPDM?
PayPDM is a decentralized cryptocurrency finance platform that wants to increase the use of cases of digital assets/cryptocurrencies. The platform also aims to provide viable solutions to many of the challenges currently fighting against the continuation of the issues in the current fiat currency-backed economy.
PAYPDM PRODUCTS
If PayPDM will decentralize how finances are moved, it is obvious that some solutions must have been figured out to make that happen. And indeed, the platform has a variety of notable products that can be leveraged to bolster the advent of cryptocurrency payments in different industries.
Some of the solutions that PayPDM is using include:
1 - Viable Cryptocurrency Portfolio
The first solution is to help cryptocurrency investors make the most out of their investments. This is coming on the heels of the fact that cryptocurrencies are roundly touted to be volatile. Hence, it makes sense that you can have a firmer hold on your cryptocurrency assets/portfolio.
Thanks to PayPDM, you can be confident that its team of experienced cryptocurrency investors will lead you by the hand to maximize your cryptocurrency investors. Also, you can always rely on the team to give you valuable advice on digital assets that are worth holding on a long-term basis.
2 - Diversified Crypto Economy
The second perspective is that PayPDM operates multiple cryptocurrency economies. It is commendable considering that cryptocurrencies need to be used in different economies, and that is PayPDM aims to achieve.
In light of that, you can expect that the dedicated PayPDM crypto coin (PYD) will be usable as a payment instrument in different sectors of the global economy, including:
- Interactive Gaming (iGaming)
- Financial Trade (FinTrade) and
- Cryptocurrency Lending
3 - Open Finance Ecosystem
Cryptocurrency/decentralized finance isn’t always in the hands of a few people. Instead, the entire community controls how finances and transactions are facilitated.
To buttress that, PayPDM operates an open finance ecosystem whereby the entire community aids in the regulation and governance of the ecosystem.
At the same time, PayPDM’s open-source financial ecosystem prioritizes some persons, such as:
- Token holders and
- The community of users
4 - Revenue Sharing
Revenue accruable to PayPDM is not restricted to the platform alone. Instead, PayPDM wants everyone to partake in the revenue sharing model.
That informs the reason why it includes some members of the community to share in the revenue it raises.
Some of the beneficiaries of the PayPDM community revenue sharing model are:
- FinTrade users
- PayPDM Coin (PYD) Coin holders and
- PYD Traders
Conclusion
With what we have seen on PayPDM, don’t you think that more use cases await cryptocurrencies? Besides, you can pay with multiple crypto coins, including Bitcoin and Ethereum.
USEFUL LINKS
Website: https://paypdm.org/
Whitepaper: https://paypdm.info/wp-content/uploads/2020/05/PAYPDM-COIN-PYD.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5258343.0
Telegram: http://t.me/paypdmofficial
Twitter: https://twitter.com/paypdmofficial
Facebook: https://www.facebook.com/PayPDM/
AUTHORS DETAILS
Bitcointalk Username- Devotea
Bitcointalk Profile link- https://bitcointalk.org/index.php?action=profile;u=2767689;sa=summary
Telegram Username - @Devotea